P
Projectsolar
Focused on technology to optimize and streamline the quoting, permitting, and engineering stage for customers
About Projectsolar
Project Solar is a US-based startup that operates in the renewable energy market, specifically in the solar power sector. The company offers a comprehensive, turnkey solution for solar design and installation at competitive prices, claiming to have the lowest rates in the country. Their business model is centered around providing premium solar equipment, design, engineering, and permitting services to customers who are interested in installing solar systems either by themselves or with no upfront cost.
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Project Solar's unique selling point is its state-of-the-art AI Quoting Engine. This advanced tool uses artificial intelligence to provide accurate and personalized solar system estimates. It takes into account various factors such as roof size, orientation, pitch, shading, and average utility bill to design a custom solution that maximizes savings and sustainability for each customer.
The company also offers portable power solutions, ideal for a range of uses from home backup to camping and emergencies. Their product line includes high-quality, all-black monocrystalline solar panels paired with Enphase micro inverters, offering superior aesthetics and functionality. These products come with a 25-year manufacturer's equipment warranty, providing customers with long-term peace of mind.
Project Solar's revenue is generated through the sale of solar systems and related services. Their pricing is on a sliding scale, with costs spread out over larger system sizes, and they offer options for customers to start saving on their utility bills immediately with no upfront installation cost.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Orem, United States
- Employees
- 51
- Open positions
- None listed
- Dealroom signal
- 65.7/100
- Industry
- Energy
- Sub-industry
- Clean Energy, Energy Providers
- Sector
- Energy, Solar Energy, Sustainable Development Goals, Urban Tech, Climate Tech, Green Buildings, Residential Solar, Renewable Energy, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Aug 2022 | $23M | $92M | Left Lane Capital | ↗ |
Growth signals
Latest recorded traffic for Projectsolar is 8.5K monthly website visits, up 1.2% over the last three months. Projectsolar's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Left Lane Capital
Other known investors4 additional known investors
Cory Cozzens
Frazier VC
Scott Paul
The Climate Pledge
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Projectsolar on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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